Value will assert, especially when clarified..HRG is going higher.IMO Have said for some time - valuation here is way too low.
Why is it just a matter of time.IMO?? HRG has operational mines, each with a few issues, but all with solutions, AND reserves and potential to grow them, with PRODUCTION. People should clearly realize the value of this fact alone. In other words, here you get the real deal, for the cost of an exploration deal, but with EVERY chance that FURTHER exploration just adds to ONGOING mining of what is discovered. IE No promise, or multi year delays, just production and small operational issues. But they even have that covered to some extent, as they have multiple operations. Many/most deals that people chase at these prices will NEVER even get past the feasability report stage, as they try and figure out whether they can even get what HRG has going, and probably most are at least 5 years out, if not 10!
That is why this has the added potential of very sharp price escalations.IMO Any aggressive PR, and or news of expansion of reserves, can translate into very rapid cash flow increase and an upward revision of the CAP. HRG has about the most sleepy investor relations effort and promotion of any company you can find.IMO When you read the releases, you need to drink a Starbucks to keep you awake!
But even these sleepy releases can't hide the fact that HRG is on the road to profits, increasing gold reserves, and production, with lower costs moving forward. HRG is getting ready to move up.IMO